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Recent News

Monday 05 March, 2012

05-Mar-2012 01:30 PM

Market Movers - Top risers and fallers between 12:00 and 13:00

Overall Market JSM INDOCHINA LIMITED ORD USD0.0000 0.03 50.00% SILENCE THERAPEUTICS PLC ORD 1P 2.60 14.04% ORCHID DEVELOPMENTS GROUP LIMITED O 6.25 11.01% HML HOLDINGS PLC ORD 1.5P 23.00
05-Mar-2012 01:26 PM

Noreco produced over 2900 boed in February

Norwegian Energy Company produced 2,944 barrels of oil equivalents per day in February. The net realised oil price was $115 per boe after adjustments for oil put options, inventory, NGL and gas prices. The Nini East field produced 1,949 boe; Nini 495
05-Mar-2012 01:04 PM

Telenor introduces single IT platform for three countries

More than 60 million Telenor customers in three countries will be managed by a common IT platform for charging and billing. The group said the merger of three widely different solutions for Telenor Pakistan, DiGi (Malaysia) and DTAC (Thailand) represen
05-Mar-2012 01:00 PM

Market Movers - Top risers and fallers at 13:00

FTSE 100 INTERTEK GROUP PLC ORD 1P 2408.50 4.08% BP PLC $0.25 504.40 1.59% DIAGEO PLC ORD 28 101/108P 1527.50 1.53% PETROFAC LIMITED ORD USD0.02 1597.50
05-Mar-2012 12:50 PM

Economic slowdown in China

China's economy is slowing. It has reduced its target for economic growth this year to 7.5%, compared to 9.2% which was achieved last year. The prediction was reported by Chinese Prime Minister, Wen Jiabao, at the start of the annual National Peop
05-Mar-2012 12:45 PM

Brokers' round-up, big supermarkets downgraded

Oriel Securities downgrades Tesco from hold to reduce. Oriel Securities downgrades Sainsbury from add to hold. Oriel Securities downgrades Morrison from reduce to sell. Singer Capital Markets initiates buy on Tullett Prebon, target price 410p. Singer
05-Mar-2012 12:30 PM

Market Movers - Top risers and fallers between 11:00 and 12:00

Overall Market SCANCELL HOLDINGS PLC ORD 0.1P 7.13 14.08% ORCHID DEVELOPMENTS GROUP LIMITED O 6.25 13.64% DONGFANG SHIPBUILDING (GROUP) COMPA 15.00 11.11% 1PM PLC ORD GBP0.0006818 0.11
05-Mar-2012 12:22 PM

Retail sales in eurozone increase by 0.3%

Retail sales in the 17 nations in the eurozone rose by 0.3% in January. In the 27 countries in the European Union retail sales in the month increased by 0.7%. Story provided by StockMarketWire.com...
05-Mar-2012 12:10 PM

OFT probes Travis Perkins acquisition

The Office of Fair Trading is probing the acquisition by Travis Perkins of Toolstation, a generalist stockist of lightside building supplies with over 100 locations throughout the UK. It offers a broad range of lightside products for purchase both in-st
05-Mar-2012 12:00 PM

Market Movers - Top risers and fallers at 12:00

FTSE 100 INTERTEK GROUP PLC ORD 1P 2425.50 4.82% DIAGEO PLC ORD 28 101/108P 1527.50 1.53% BP PLC $0.25 503.90 1.49% COMPASS GROUP PLC ORD 10P 643.75
05-Mar-2012 12:00 PM

PLUSquoted Market Movers - Top risers and fallers at 12:00

PLUS Market Rare Earths and Metals plc 0.17 -2.78% All Star Minerals plc 0.38 -1.32% Agneash Soft Commodities plc 0.47 -1.04% Story provided by StockMarketWire.com...
05-Mar-2012 11:52 AM

Merrill Lynch downgrades Serco from buy to neutral, target price cut from 600p to 590p

Story provided by StockMarketWire.com...
05-Mar-2012 11:50 AM

SureTrack Monitoring completes disposal

SureTrack Monitoring has completed the disposal of Sure-Track Euro. The company will, after the publication of its year end results, undertake a share reorganisation to enable it to acquire the shares from the purchasers and a further announcement relati
05-Mar-2012 11:30 AM

Market Movers - Top risers and fallers between 10:00 and 11:00

Overall Market HELESI PLC ORD EUR0.10 (DI) 4.25 61.60% WEBIS HOLDINGS PLC ORD 1P 1.00 13.64% SCANCELL HOLDINGS PLC ORD 0.1P 6.38 13.32% WOBURN ENERGY PLC ORD 1P 2.30
05-Mar-2012 11:00 AM

Market Movers - Top risers and fallers at 11:00

FTSE 100 INTERTEK GROUP PLC ORD 1P 2394.50 3.48% PETROFAC LIMITED ORD USD0.02 1600.50 1.68% BP PLC $0.25 504.75 1.66% DIAGEO PLC ORD 28 101/108P 1522.25
05-Mar-2012 10:49 AM

Singer Capital Markets initiates buy on ITM Power, target price 68p

Story provided by StockMarketWire.com...
05-Mar-2012 10:48 AM

Possible offer lifts Misys shares

Shares in Misys were up nearly 7% after it confirmed that it is currently in discussions with CVC and ValueAct Capital regarding a possible offer for the company's entire outstanding share capital for cash. Misys also continues to be in discussions
05-Mar-2012 10:37 AM

St Helen's performance disappoints

St Helen's Private Equity, the pre-IPO, special situations and 'small cap' investment company, has said that in the first quarter of the company's current financial year, which ended on the 31 December 2012, the performance of the port
05-Mar-2012 10:30 AM

Market Movers - Top risers and fallers between 09:00 and 10:00

Overall Market HELESI PLC ORD EUR0.10 (DI) 3.75 66.67% SUNRISE RESOURCES PLC ORD 0.1P 1.53 9.29% HML HOLDINGS PLC ORD 1.5P 19.50 8.33% DONGFANG SHIPBUILDING (GROUP) COMPA 13.50
05-Mar-2012 10:17 AM

Tim Tookey joins Friends Life Group

Resolution has announced that Tim Tookey, who until recently was finance director of Lloyds Banking Group, has joined the Board of Friends Life Group. He will take his appointment as Chief Financial Officer of the company at the end of the month. Andy P
05-Mar-2012 10:04 AM

Yang joins Walcom Group board

Walcom Group has appointed Professor Hong Xun Yang as an executive director of the Company with immediate effect. Professor Yang joined the Company as the chief technical officer in May 2007 and was also appointed as chief operating officer for the PRC r
05-Mar-2012 10:02 AM

UTV signs new network deal with ITV

UTV Media has signed new network arrangements for the provision of Channel 3 programmes and services with ITV plc, subject to regulatory approval. The Network Affiliate Agreement (NAA) proposed by UTV and ITV plc to replace the current Networking Arrange
05-Mar-2012 10:00 AM

Glencore reveals significant reserves increase at Kazzinc

Glencore International has revealed significant increases in the total mineral reserves at the Vasilkovskoye, Maleevsky and Ridder-Sokolny deposits operated by Kazzinc. This follows further exploration drilling and technical studies with contained gold u
05-Mar-2012 10:00 AM

Market Movers - Top risers and fallers at 10:00

FTSE 100 INTERTEK GROUP PLC ORD 1P 2381.00 2.90% BP PLC $0.25 504.95 1.70% PETROFAC LIMITED ORD USD0.02 1590.50 1.05% CENTRICA PLC ORD 6 14/81P 309.15
05-Mar-2012 09:58 AM

Frontline to take loss on tanker sale

Frontline has agreed to sell its 1993-built double-hull Suezmax tanker 'Front Alfa' and expects to record a loss of $1.5m. Delivery to the buyer is expected to take place in late March and the vessel will cease to operate in the tanker market.